Can Barrick Gold Stock Rise 50%?

Getty Images Barrick Mining Corp (NYSE: B) is not the kind of stock one would anticipate to double in value overnight. It is an established, large-cap gold mining company with worldwide operations and a relatively stable management. However, if there is one factor that could realistically propel the stock 2x higher — it is a significant surge in gold prices. The stock has increased by more than 30% year-to-date, whereas the S&P 500 index has grown by 7%. The rise in stock was largely attributed to the uptic ...